Cgi Inc Stock Technical Analysis
GIB Stock | USD 110.49 0.55 0.50% |
As of the 29th of March, CGI shows the Risk Adjusted Performance of 0.0299, mean deviation of 1.01, and Semi Deviation of 1.36. CGI Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for CGI Inc, which can be compared to its rivals. Please confirm CGI Inc standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if CGI Inc is priced adequately, providing market reflects its regular price of 110.49 per share. Given that CGI has jensen alpha of (0.14), we suggest you to validate CGI Inc's prevailing market performance to make sure the company can sustain itself in the future.
CGI Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CGI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CGICGI |
CGI Analyst Consensus
Target Price | Advice | # of Analysts | |
113.41 | Buy | 15 | Odds |
Most CGI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CGI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CGI Inc, talking to its executives and customers, or listening to CGI conference calls.
CGI technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
CGI Inc Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CGI Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CGI Inc Trend Analysis
Use this graph to draw trend lines for CGI Inc. You can use it to identify possible trend reversals for CGI as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CGI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CGI Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CGI Inc applied against its price change over selected period. The best fit line has a slop of 0.19 , which may imply that CGI Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1378.14, which is the sum of squared deviations for the predicted CGI price change compared to its average price change.About CGI Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CGI Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CGI Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CGI Inc price pattern first instead of the macroeconomic environment surrounding CGI Inc. By analyzing CGI's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CGI's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CGI specific price patterns or momentum indicators. Please read more on our technical analysis page.
2020 | 2021 | 2023 (projected) | Price To Sales Ratio | 2.2 | 1.91 | 2.54 | Price Earnings Ratio | 19.5 | 16.79 | 22.22 |
CGI March 29, 2024 Technical Indicators
Most technical analysis of CGI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CGI from various momentum indicators to cycle indicators. When you analyze CGI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0299 | |||
Market Risk Adjusted Performance | 0.0427 | |||
Mean Deviation | 1.01 | |||
Semi Deviation | 1.36 | |||
Downside Deviation | 1.43 | |||
Coefficient Of Variation | 2311.36 | |||
Standard Deviation | 1.35 | |||
Variance | 1.83 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0327 | |||
Maximum Drawdown | 6.49 | |||
Value At Risk | (2.55) | |||
Potential Upside | 2.43 | |||
Downside Variance | 2.06 | |||
Semi Variance | 1.86 | |||
Expected Short fall | (1.01) | |||
Skewness | (0.32) | |||
Kurtosis | 0.6121 |
CGI March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as CGI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 2,221 | ||
Daily Balance Of Power | 0.46 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 110.36 | ||
Day Typical Price | 110.40 | ||
Price Action Indicator | 0.40 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for CGI Stock analysis
When running CGI's price analysis, check to measure CGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGI is operating at the current time. Most of CGI's value examination focuses on studying past and present price action to predict the probability of CGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGI's price. Additionally, you may evaluate how the addition of CGI to your portfolios can decrease your overall portfolio volatility.
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Is CGI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CGI. If investors know CGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CGI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 5.1 | Revenue Per Share 62.124 | Return On Assets 0.0932 | Return On Equity 0.1988 |
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CGI's market value can be influenced by many factors that don't directly affect CGI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.